W. Wagner, a manufacturer, provided the following information for the year ended 31 August 20X5:

Additional information
1. Amounts owing at 31 August 20X5:

2. Depreciation on plant and machinery is to be provided at 10 per cent per annum on cost. There were no sales or purchases of plant and machinery during the year.
3. All manufactured goods are transferred to the warehouse at factory cost plus 10 per cent.
4. Inventories at 31 August 20X5:

The raw materials are valued at cost, the work-in-progress at factory cost, while the inventory of finished goods is valued at the factory transfer price.

Required
a. A manufacturing account for the year ended 31 August 20X5.
b. A statement of profit or loss for the year ended 31 August 20X5.

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Inventories at 1 September 20X4 - Raw materials - Work-in-progress - Finished goods Raw materials purchased Factory general expenses Direct wages Repairs to plant and machinery Factory lighting and heating Carriage inwards Carriage outwards Sales revenue Raw materials returned Factory maintenance wages Administrative expenses Selling and distribution expenses Plant and machinery at cost Freehold land and buildings at cost Provision for depreciation on plant and machinery (1/9/X4) 25,000 15,900 26,600 176,600 14,800 86,900 9,900 20,010 1,910 2,500 320,000 7,800 19,000 30,000 15,100 178,000 160,000 80,000